Defense Finance and Accounting Service · Arlington, VA United States
Company Description
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This link will open in a new window It's not one of the Big Four, but it is big. The Defense Finance and Accounting Service (DFAS) is essentially the payroll and accounting department for the Department of Defense . Annually, the DFAS pays nearly 6 million military and civilian personnel, retirees, and annuitants; processes some 14 million contractor invoices; and makes more than 7 million travel payments, disbursing about $590 billion, total. Additionally, it manages some $394 billion in military retirement trust funds. DFAS is financed by its customers rather than through direct appropriations. It operates through 26 locations worldwide. Theresa McKay was named DFAS Director in 2008. To read the full description, subscribe now.
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Key Defense Finance and Accounting Service Financials
| Company Type | Government Agency Headquarters |
| Fiscal Year-End | September |
| Employees | 18,000 |
Defense Finance and Accounting Service Executives
11 executives listed for Defense Finance and Accounting Service's Arlington, VA location.
| Title | Name & Bio | Contact |
| Director | Teresa McKay | Network |
| Principal Deputy Director | Richard Gustafson | Network |
| Director, Standards and Compliance | David McDermott | Network |
Competition
Competitive Landscape for Defense Finance and Accounting Service
Demand is driven largely by the construction needs of companies and governments and the desire of industrial customers to improve the efficiency of operations. Profitability depends on the ability to accurately predict costs for a project. Small firms, which can effectively compete with larger ones by having expertise in a particular field, are often hired as consultants on larger projects if they have special expertise. Large firms are advantaged in designing and managing large projects. Average revenue per employee is about $200,000 for large firms, $115,000 for small ones. To read the full description, subscribe now.Top Defense Finance and Accounting Service Competitors
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